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US Inflation

LaserJay
Not to stir up the hornets nest... but this inflation is wild.
The Consumer Price Index has gone up so much it is insane. (CPI is basically the calculation for the spending power of a US dollar.)

I highly recommend going and calculating your income from the beginning of 2021 vs what it should be now due to inflation.
Here is an example of what that would look like. I used $35 per hour because I thought that was probably a good square number that is reasonable for a programmers salary.



Here is the link to the calculator from the Bureau of Labor Statistics website.
http://data.bls.gov/cgi-bin/cpicalc.pl

Rant over sorry guys lol
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  • I called that a couple months back already. We'll most likely see $10/gallon gas before Thanksgiving. I think something BIG is going to happen in August that will catapult that into existence. There is something that is supposed to happen, some kind of treaty/agreement or passage of law. I just can't recall what that is at the moment.

    Hopefully I am wrong.

    I'm still holding out on my covid variant lockdown prediction. That gives everyone enough time to orchestrate all the perfectly safe mail in ballot shenanigans for November. I could see them working in a 'lockdowns mean higher gas prices' angle into it though.
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  • I called that a couple months back already. We'll most likely see $10/gallon gas before Thanksgiving. I think something BIG is going to happen in August that will catapult that into existence. There is something that is supposed to happen, some kind of treaty/agreement or passage of law. I just can't recall what that is at the moment.

    Hopefully I am wrong.

    I'm still holding out on my covid variant lockdown prediction. That gives everyone enough time to orchestrate all the perfectly safe mail in ballot shenanigans for November. I could see them working in a 'lockdowns mean higher gas prices' angle into it though.
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